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Connor Hughes

1389 Posts
Immigrants in Maine Are Filling a Labor Gap. It May Be a Prelude for the U.S.

Immigrants in Maine Are Filling a Labor Gap. It May Be a Prelude for the U.S.

Maine has a lot of lobsters. It also has a lot of older people, ones who are less and less willing and able to catch, clean and sell the crustaceans that make up a $1 billion industry for the state. Companies are turning to foreign-born workers to bridge the divide.“Folks born in Maine are generally not looking for manufacturing work, especially in food manufacturing,” said Ben Conniff, a founder of Luke’s Lobster, explaining that the firm’s lobster processing plant has been staffed mostly by immigrants since it opened in 2013, and that foreign-born workers help keep “the natural resources economy…
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Humane’s AI Pin Wants to Free You From Your Phone

Humane’s AI Pin Wants to Free You From Your Phone

On a recent afternoon, I held a bagel in front of me and said: “Look and tell me if this is healthy.”A monotone voice responded that the bagel was unhealthy because it was high in carbohydrates, which could contribute to weight gain.I wasn’t talking to a tech bro obsessed with the ketogenic diet. This was the Ai Pin, a $700 tiny computer featuring a virtual assistant pulling data from OpenAI (the research firm behind the ChatGPT chatbot), Google, Microsoft and others to answer questions and perform tasks.Shaped like a lapel pin that may be a throwback to “Star Trek,” it…
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AI Is Poised to Replace the Entry-Level Grunt Work of a Wall Street Career

AI Is Poised to Replace the Entry-Level Grunt Work of a Wall Street Career

Pulling all-nighters to assemble PowerPoint presentations. Punching numbers into Excel spreadsheets. Finessing the language on esoteric financial documents that may never be read by another soul.Such grunt work has long been a rite of passage in investment banking, an industry at the top of the corporate pyramid that lures thousands of young people every year with the promise of prestige and pay.Until now. Generative artificial intelligence — the technology upending many industries with its ability to produce and crunch new data — has landed on Wall Street. And investment banks, long inured to cultural change, are rapidly turning into Exhibit…
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Investing in Panama’s beaches: real estate projects for investors from Croatia

Investing in Panama’s beaches: real estate projects for investors from Croatia

Playa Caracol Residences stands out as a real estate project in Panama that exceeds all expectations, providing investors from Croatia with an unparalleled beachfront escapade. Offering sweeping views of the majestic Cerro Chame and boasting over a kilometer of unspoiled coastline, this development emerges as a genuine haven where each element harmoniously combines to craft an atmosphere of unrivaled beauty and tranquility along Panama's shores. Playa Caracol: a luxurious real estate development in Panama's stunning Chame region The architectural design of Playa Caracol is a testament to originality, modernity, and the seamless integration of local elements. Each property is a…
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What Happened When a German Car Factory Went All Electric

What Happened When a German Car Factory Went All Electric

Zwickau, a city in Germany’s east, may not be as famous as Detroit, but its economy has revolved around internal combustion engines since August Horch established Audi here at the beginning of the 20th century.So when Volkswagen announced in 2018 that it would convert its Zwickau factory, the largest private employer in the area, to manufacture nothing but electric vehicles, it was a big deal.“A lot of people were skeptical,” said Michael Fuchs, who has worked at the factory for more than a quarter century. They wondered, “What’s going to happen?” he said.Volkswagen shut down assembly lines churning out its…
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Higher for Longer After All? Investors See Fed Rates Falling More Slowly.

Higher for Longer After All? Investors See Fed Rates Falling More Slowly.

Investors were betting big on Federal Reserve rate cuts at the start of 2024, wagering that central bankers would lower interest rates to around 4 percent by the end of the year. But after months of stubborn inflation and strong economic growth, the outlook is starting to look much less dramatic.Market pricing now suggests that rates will end the year in the neighborhood of 4.75 percent. That would mean Fed officials had cut rates two or three times from their current 5.3 percent.Policymakers are trying to strike a delicate balance as they contemplate how to respond to the economic moment.…
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Investing in Panama’s beachfront real estate: opportunity for investors from Switzerland

Investing in Panama’s beachfront real estate: opportunity for investors from Switzerland

Playa Caracol Residences stands out as a real estate project in Panama that exceeds all expectations, providing investors from Switzerland with an unparalleled beachfront escapade. Offering sweeping views of the majestic Cerro Chame and boasting over a kilometer of unspoiled coastline, this development emerges as a genuine haven where each element harmoniously combines to craft an atmosphere of unrivaled beauty and tranquility along Panama's shores. Playa Caracol: a luxurious real estate development in Panama's stunning Chame region The architectural design of Playa Caracol is a testament to originality, modernity, and the seamless integration of local elements. Each property is a…
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Maryland Passes 2 Major Privacy Bills, Despite Tech Industry Pushback

Maryland Passes 2 Major Privacy Bills, Despite Tech Industry Pushback

The Maryland Legislature this weekend passed two sweeping privacy bills that aim to restrict how powerful tech platforms can harvest and use the personal data of consumers and young people — despite strong objections from industry trade groups representing giants like Amazon, Google and Meta.One bill, the Maryland Online Data Privacy Act, would impose wide-ranging restrictions on how companies may collect and use the personal data of consumers in the state. The other, the Maryland Kids Code, would prohibit certain social media, video game and other online platforms from tracking people under 18 and from using manipulative techniques — like…
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‘3 Body Problem’: What Social Media Reaction Says About China

‘3 Body Problem’: What Social Media Reaction Says About China

The first five minutes of the Netflix series “3 Body Problem” were hard to watch.I tried not to shut my eyes at the coldblooded beating of a physics professor at the height of the Cultural Revolution in 1967. By the end of it, he was dead, with blood and gruesome wounds all over his head and body. His daughter, also a physicist, watched the public execution. She went on to lose hope in humanity.I made myself sit through this violent scene. I have never seen what was known as a struggle session depicted blow-by-blow on the screen. I also felt…
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What to Know About Tech Companies Using A.I. to Teach Their Own A.I.

What to Know About Tech Companies Using A.I. to Teach Their Own A.I.

OpenAI, Google and other tech companies train their chatbots with huge amounts of data culled from books, Wikipedia articles, news stories and other sources across the internet. But in the future, they hope to use something called synthetic data.That’s because tech companies may exhaust the high-quality text the internet has to offer for the development of artificial intelligence. And the companies are facing copyright lawsuits from authors, news organizations and computer programmers for using their works without permission. (In one such lawsuit, The New York Times sued OpenAI and Microsoft.)Synthetic data, they believe, will help reduce copyright issues and boost…
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